Local dragon fruit exports to China face hurdles
This comes after dragon fruit exports of all types in November endured a decline of 9% to US$82 million compared to the figures from the previous November.
During the past 11 months of the year, dragon fruit exports fell by 10.2% to US$1.08 billion against the same period from last year, of which white flesh dragon fruit remains the key export item, making up 66.6% of the total export volume.
The Import-Export Department therefore warned that China's dragon fruit growing area has seen a 10-fold increase in recent years, thereby making it increasingly difficult for the country to boost dragon fruit exports to the Chinese market in the future.
Furthermore, dragon fruit exports of all kinds to the United States during the ten 10 months of the year witnessed a decline of 28.3% to US$21.1 million from the same period last year. Indeed, this period saw white flesh dragon fruit being the top fruit exported to the fastidious market, reaching a figure of US$7.5 million and representing an annual rise of 50.8%.
Moreover, the export value of red flesh dragon fruit to the US throughout the reviewed period also fell 36% to US$4.1 million in comparison to last year’s corresponding period, despite their superior taste in comparison to the fruit products from other countries.
Global demand for dragon fruit is growing by approximately 4% each year and is forecasted to continue rising over the coming years.
Local businesses have therefore been advised to comply with stringent requirements set by importers, with dragon fruit being cultivated in line with VietGAP’s standards in order to increase the competitive value of the fruit product in the international market.
Related News
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Exploiting potential markets to increase coffee export space
11:40 | 01/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
More News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export